Report: “Fintech vs Fintech”? The rise of digitalisation in banking
FinTech Futures launches its latest report looking into the changing nature of digital technologies in our industry.
PayTech
Point raises $46.5 million to build out premium debit card
US challenger aims to create an anti-credit card.
CBDCs are now a reality: digital payments security needs to catch up
The potential benefits of CBDCs will only be realised if consumers trust the technology.
What the Fintech? | S.2 Episode 17 | ISO fast, ISO furious
VTB Bank’s Elena Barabanova joins us on this episode of the What the Fintech? podcast.
CIBC acquires Costco’s Canadian credit card portfolio
CIBC will also become the exclusive issuer of Costco Mastercards in Canada.
Swift appoints JP Morgan exec as new chief for Americas and UK
John Hunter will develop strategic customer relationships in both markets.
PayPal plans launch of retail trading division
Invest at PayPal planned as new operation by payments giant.
Brazil’s Banco Inter agrees deal to acquire US fintech USEND
The digital banking firm is looking to expand into North America.
PayTech Awards 2021 Winner: Maria Nottingham, Compass Plus – Woman In PayTech
Overcoming the complexities of building a successful, modern-day payments processing business.
Banking Technology September 2021 issue out now
Cover story: expansion plans – how to achieve global growth efficiently.
PayTech Awards 2021 Winners Supplement out now
Impactful and innovative paytech projects, products, services and people in the spotlight.
B2B payments fintech Balance raises $25m in Series A funding
US firm says its payments platform will help improve the online checkout experience.
Ramp hits $3.9bn valuation with $300m Series C funding round
The start-up has also agreed a deal to acquire “negotiation-as-a-service” platform Buyer.
MovoCash partners with Fiserv to expand money movement options
Fiserv’s debit payments network will give MovoCash customers another way to access their cash.
Transact365 – change the way you process online payments
Localise, globalise and optimise your business with Transact365’s range of payment and banking solutions.
Mastercard confirms timescale for phasing out magnetic stripe
Stripe-less cards will be issued from 2024 for selected regions.
Sightline Payments becomes Nevada unicorn with $244m raise
Sightline closed an earlier $100 million funding round in April.
Plaid announces Series D extension featuring AmEx and JP Morgan
CEO Zach Perret says its new backers are “storied companies”.
Video: Compass Plus on developing a new universal payments processor
FinTech Futures interviews Maria Nottingham, Executive Vice President of Compass Plus.
US Bank acquires SME expenses firm Bento Technologies
US Bank aims to combine its payment and expenses offerings for SMEs.
Ualá hits $2.45bn valuation with $350m Series D round
Fintech start-up claims the funding is a record investment for an Argentine company.
ICYMI funding round-up: Sarwa, Salad, Grip, Keebo & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
BNPL firm Zilch sets up US expansion with NepFin acquisition
The acquisition of the American firm will give Zilch a foothold in the US market.
Paymentus to acquire fintech partner Payveris for $152m
The transaction is expected to close in Q3 2021.
Plaid agrees $58m settlement over data privacy class action
The plaintiffs alleged Plaid stored and used bank account information without consent.
Reserve Trust raises $30.5m in Series A, appoints new CEO
B2B payments firm says it can provide a service to cut out correspondent banking middlemen.
Paysafe signs deal to acquire alternative payments platform PagoEfectivo
The deal is expected to close by the end of August.
Swift hires new CTO in former Standard Chartered CISO Cheri McGuire
McGuire says she joins at a time of “pivotal” transformation.
Apple partners Affirm Holdings to launch Canadian BNPL service
Apple will allow customers to pay in instalments to buy iPads, iPhones, and Macs.
NCR to acquire crypto ATM firm LibertyX
The deal will see NCR deploy LibertyX across its software suite.
QR codes – changing the consumer experience in banking
Introducing the “touches ATM experience” with QR codes.
Cuscal picks BHMI’s Concourse to support upcoming NPP initiative
PayTo will look to enhance the current NPP payments system.
Card issuing platform Lithic secures $60m Series C funding
The raise follows hot on the heels of its $43 million Series B in May.
Behalf raises $100m in debt financing to expand BNPL offering for B2B firms
The company also secured $19 million in a venture funding round.
Rapyd raises $300m in Series E funding round
The financing follows a $300 million Series D round earlier this year.
Square plans $29bn acquisition of Aussie BNPL firm Afterpay
The deal will become Australia’s largest ever acquisition.
Fiserv partnership with Goldman Sachs brings initial B2B payments offering
The two companies have forged a strategic relationship which will see additional combined solutions.
Video: fintech news pick of the week – Solarisbank, Tesco Bank and Nium
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
ICYMI funding round-up: Cobee, Sila, Vincent, WhenThen, Clara & more
Another batch of funding rounds that might have flown under your radar.
Swift launches low-value payments service Swift Go
Payments network aims to make things easier for small businesses.
